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Why Royal Caribbean's Shares Rose 10.9% in May

Why Royal Caribbean's Shares Rose 10.9% in May

Shares of Royal Caribbean (NYSE: RCL) rose 10.9% in May, according to data provided by S&P Global Market Intelligence. Royal Caribbean provided a business update in early May regarding COVID-19. CEO Richard Fain also provided details on actions taken to provide guests with flexibility and peace of mind.